4/A: Mobile Infrastructure Corp: Amended SEC Filing Reveals Indirect Ownership of Common Units by Director Jeffrey Osher
SEC Form 4 Amendment
An amended SEC filing reveals that director Jeffrey Osher indirectly owns 445,541.28 common units through O Cincy Family II, LLC.
Summary
- This is an amended SEC Form 4 filing, updating a previous filing from July 29, 2024.
- The amendment adds 445,541.28 common units held by O Cincy Family II, LLC, to the reported holdings of Jeffrey Osher.
- These common units are in Mobile Infra Operating Company, LLC, and can be exchanged for common stock of Mobile Infrastructure Corp or their cash value.
- Jeffrey Osher is the manager of O Cincy Family II, LLC, and is therefore deemed to be a beneficial owner of these securities.
- The filing also clarifies that HSCP Strategic III L.P. may be considered a director-by-deputization due to Mr. Osher's board position.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not contain any information that would be considered positive or negative from an investment perspective.
Management Comments
- Jeffrey Osher disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Industry Context
This filing is a standard SEC disclosure related to changes in beneficial ownership by company insiders, which is a common practice in the financial industry.
Comparison to Industry Standards
- SEC Form 4 filings are a standard requirement for company insiders, such as directors and officers, to report changes in their beneficial ownership of company securities.
- The reporting of indirect ownership through entities like O Cincy Family II, LLC is also a common practice.
- The ability to exchange common units for common stock or cash is a typical feature of certain types of equity structures.
Stakeholder Impact
- This filing provides transparency to shareholders regarding the ownership structure of the company.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of the earliest transaction reported in the original filing. |
| 07/29/2024 | Date of the original Form 4 filing that this document amends. |
| 11/25/2024 | Date of the amended filing. |
Keywords
SEC Form 4, Beneficial Ownership, Common Units, Jeffrey Osher, Mobile Infrastructure Corp, Director, O Cincy Family II, LLC, HSCP Strategic III L.P., Indirect Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.